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AT & T has introduced consulting and Internet of Things services to resellers, manufacturers and healthcare organizations using IBM's cloud-based blockchain technology and Microsoft.
Possible use cases for multivendor services include resource management and data sharing within a supply chain. For this, blockchain will replace traditional encryption models based on SSL / TLS certificates, which have different vulnerabilities.
Proponents argue that blockchain is a safer alternative because it records information through a distributed database ledger held by all participants in a transaction. No party can make changes to the ledger without the knowledge or approval of the other parties.
IBM and Microsoft are both trying to create a business around blockchain as a service, and the recent AT & T blockchain ad shows that the carrier is ready to join its efforts.
Blockchain AT & T with IBM
AT & T has integrated its resource management operations center with IBM's Maximo Network on Blockchain and Maximo Asset Health Insights. Asset Management Operations Center is an online centralized console for monitoring and monitoring of IoT equipment and other devices.
IBM's blockchain service allows companies to securely share data with people or groups via a digital ledger. The creator of the ledger determines who can access it and the types of transactions that each participant can perform.
IBM's blockchain technology is available for Maximo Asset Health Insights, which tracks company equipment conditions. Monitoring helps avoid downtime by reporting when to perform maintenance before a failure.
Blockchain AT & T with Microsoft
With Microsoft, AT & T is integrating its IoT platform with Microsoft's Azure-based blockchain technology. Services available for IoT devices include monitoring, management and network connectivity.
Microsoft provides tools for technology and security teams who want to try blockchain in the cloud. The tools enable developers to create supply chain-related blockchain applications using standard Microsoft development libraries.
IBM and Microsoft are just two of a growing number of suppliers – new and established – blockchain applications and tools. For example, the launch of Guardtime provides secure supply chain connectivity through blockchain and longtime business application provider. SAP offers technology as a service in its SaaS cloud.
Worldwide spending on blockchain technology will increase at an annual rate of 73%, reaching $ 11.7 billion in 2022 from $ 1.5 billion this year, according to IDC. The analyst expects the financial industry to spend more this year, followed by the retail and professional services industries and production.
